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Duplex with Two-Car Garage
New
For Sale
$550,000

4131 N Richmond Street, Chicago, IL 60618

Separate apartments offer a two-bedroom layout downstairs and a one-bedroom layout above.

Property SizeContact for details
Days on Market3

Property Features for 4131 N Richmond Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family

Site & Location

Neighborhood Irving Park

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Amenities

pool
on-site laundry
Natural Gas

Building Details

Year Built 1908
Stories 2
Listing Agency: Charles Rutenberg Realty
Listed By: Katrina Pekovic-Dobrovolny · License #475154383
Source: Kw
Added: Oct 30 Last Checked: Oct 30 at 3:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Charles Rutenberg Realty

Rey
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Investment Insights

Based on property information with market context.

At 4131 N Richmond Street in Chicago, this 1908 duplex has two apartments: a first-floor unit with two bedrooms, a living room, kitchen, large dining room, and enclosed front and rear porches; and an upper unit with one bedroom, a living room, and a kitchen. Both apartments have full bathrooms. The property also includes an unfinished basement with laundry access and a two-car garage built in 2013.

A deck dates to 2008, as do the windows. The roof was replaced in 2003, leaf guards were added in 2023, and the HVAC dates to 2006. The property is offered as-is, and the tenant is expected to vacate before the sale. Schools, parks, and everyday conveniences are nearby.

Key Highlights

  • Two apartments: a two‑bedroom first‑floor unit and a one‑bedroom upper unit
  • Full bathroom in each unit
  • Unfinished basement with laundry access

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,925
Businesses Nearby

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate apartments offer a two-bedroom layout downstairs and a one-bedroom layout above.
Where is this duplex located?
The property is located at 4131 N Richmond Street Chicago, IL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two apartments: a two‑bedroom first‑floor unit and a one‑bedroom upper unit; Full bathroom in each unit; Unfinished basement with laundry access
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